China, India Report Manufacturing Growth

by | Nov 1, 2010 | Towing

Manufacturing output jumped in China and India in October, breaking with the rest of Asia.

China’s official Purchasing Managers Index gained to 54.7 in October, from 53.8 a month earlier, The Wall Street Journal said. A reading above 50 signals expansion and a reading under 50 means output contracted.

A Chinese PMI produced by HSBC (HBC) was 54.8, up from 52.9 a month earlier.

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China, India Report Manufacturing Growth originally appeared on DailyFinance on Mon, 01 Nov 2010 07:39:00.

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Facebook Says Data Broker Was Buying User Info

by | Nov 1, 2010 | Towing

Facebook said that a data broker has been buying information on users from application developers.

Certain Facebook apps were sending users’ Facebook ID numbers to third-party marketing or data firms, violating the site’s privacy policies, The Wall Street Journal said. Companies can use an ID number to look up a user’s name and other information.

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Facebook Says Data Broker Was Buying User Info originally appeared on DailyFinance on Mon, 01 Nov 2010 07:13:00.

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Motorola Turnaround Plan Gains Steam in Third Quarter

by | Oct 29, 2010 | Towing

Motorola (MOT) delivered its first quarter of profitability and annual revenue growth since 2006 when it posted its third quarter results Thursday, beating analysts estimates and shoring up Wall Street’s confidence that the company is poised to make go…